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PORBOY STORAGE 2762 TX-21

25,000 SF Flex Building Caldwell, TX 77836 $1,150,000 ($46/SF) 7.54% Cap Rate

Investment Highlights

  • Land for expansion included in the sale, including an already poured concrete slab
  • Access directly from Highway 21
  • Opportunities to significantly improve revenue through increasing physical and economic occupancy
  • Strong traffic counts with over 16,000 VPD
  • Very limited competition in this market as there are only 2 other storage facilities in a 5-mile radius

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave., Ste. 750, Dallas, TX 75225

Property Facts Under Contract

Price $1,150,000
Price Per SF $46
Sale Type Investment
Cap Rate 7.54%
Property Type Flex
Building Class B
Lot Size 4.78 AC
Rentable Building Area 25,000 SF
No. Stories 1
Year Built 2021
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31366
Land Assessment
$228,864
Improvements Assessment
$1,130,748
Total Assessment
$1,359,612
  • Listing ID: 32422078

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 2762 TX-21, Caldwell, TX 77836

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